The Money Angle

appreciating diversification

This week, I hosted class #4 of the Investment Beginnings for local kids aged 12+. The series’ materials are here: https://notion.moontowermeta.com/investment-beginnings-course This…

1 week ago

how a high implied vol can be cheap

EWY, the South Korea ETF, was an interesting source of disagreement in our Discord about whether the vol was expensive…

1 week ago

hard earned trading wisdom

Euan Sinclair needs no introduction from me. I’ll cut straight to the gold. He’s been a repeat guest on Erik’s…

2 weeks ago

options policework

A moontower user sent this [paraphrased] message in our Discord the morning of Jan 9th: NLR [VanEck Uranium and Nuclear ETF] had…

2 weeks ago

Positive delta puts in the wild: Avis stock (CAR)

Remember that chart of CAR last week. (Matt Levine wrote about the fundamentals of the squeeze on 4/15) So this was Thursday:…

2 weeks ago

the bias of hedging on implied delta

Tweets Before we get to today’s meat, here are 2 threads spurred by oil’s advance yesterday.   Delta is God…

3 weeks ago

how to get arbed with perfect information

The “Bridge of Asses” 📺Option Pricing Explained: No Arbitrage + Financial Mathematics from a Quant | 52 min watch Doug Costa (SIG…

3 weeks ago

N² – n: why shorting is mathematically cursed

Recall the levered silver flows post where we see the quick math of levered ETFs. For a fund to maintain its mandated…

4 weeks ago

not all averages are created equal

What did we notice? a * b = Mean² − MAD² (where MAD = mean absolute deviation) As soon as…

1 month ago

From Text ➡️ Dashboards

We’ll start with some useful resources for the learners, then move to material for traders ready to do stuff. CME…

1 month ago